Horse Racing Online Betting

Horse racing online betting is the type of betting in which the players are required to bet on their favorite horses at the online gambling site. This is a sport that starts millions years ago. There are reasons why one should go for the horse racing betting, we are going look at them and also provide you with some of the basic things about the game;

Horse Racing Online Betting

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Horse Racing Online Betting

Horse racing betting types

There are two types of wagers that are available when it comes to betting on horse racing; these are straight wagers and exotic wagers. Players are always recommended to stick on straight wagers because they are cheap and also easy to play. In this type of betting the player is required to select the horse to finish the race as number one, two or three. Also apart from this the minimum amount of money supposed be on a straight wager is just $2.

When betting on exotic wager, there will be some difficult to be encountered as this type of horse racing will allow the players to gamble on a number of horses on a single bet. This bet actually requires an advanced degree of skill and also some knowledge about selection of the horses and they are also more expensive. The payment of the exotic wagers are however better than that of straight wager.

Straight wagers

Players are required to have in mind that in this type of betting they are only supposed to bet on one horse.

Win bet; this bet means that the player is implying that the horse is to finish in the first position.

Place; betting on place means that the player is intending that the horse in which he or she is betting should have to finish either in the 1st or 2nd positions for the player to get the prize at the casinos. If the horse finishes the race in these two positions then the player is paid off the prize.

Show; the player is betting that the horse will finish 1st, 2nd or 3rd positions. Here the chances of players to win are actually high but the payment for such a bet is very low compared to the bets of win and place.

Across the board; here the player is betting that the horse to win, place and show. If the horse wins the race the player will have to be awarded the prize a win bet plus that of 2nd and 3rd positions. If it finishes the race in the 2nd position then the player will be awarded the prize for 2nd and 3rd positions but if the horse finishes in 3rd position then the player will have to be awarded only the prize of the 3rd position.

Exotic wager

Exacta; betting on two horses to finish the race in the 1st and 2nd position in the order,

Quinella; two horses to finish the race in the 1st 1nd 2nd in any order,

Selection of winning horses

The horses are picked randomly and the bet is low as $2. Picking a winning horse is a process; there are hundreds of books and also many websites which have information on how players are supposed to pick their winning horses. There are several factors that are used to analyze the best horse to be selected when it comes to horse racing betting. The handicapping of the horse racing betting is more fun and gives players a control of choosing their best horses.